dollar amount of direct materials
hi- I need help and explanation on how to Calculate the dollar amount of direct materials to be purchased in January.
Â
ZZ, Inc. has budgeted sales for the next five months as follows:
Â
                 Budgeted Sales in Units
January               12,000 units
February              15,000 units
March                 11,000 units
April                 22,000 units
May                   18,000 units
ZZ, Inc. used the following information in creating its master budget for the year:
Â
1. Ending finished goods inventory for each month should be equal to 10% of the
   next month's expected sales in units.
Â
2. Ending direct materials inventory for each month should be equal to 25% of
   the next month's production needs.
Â
3. Each unit produced requires 4 pounds of direct materials.
Â
4. Direct materials are purchased for $2.75 per pound.
Calculate the dollar amount of direct materials to be purchased in January. Do not
use decimals in your answer.
Answers
Status NEW
Posted 21 Apr 2017 01:04 AM
My Price 8.00
-----------
Attachments
file 1492736610-Solutions file.docx preview (56 words )
S-----------olu-----------tio-----------ns -----------fil-----------e
-----------Hel-----------lo -----------Sir-----------/Ma-----------dam-----------
T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly----------- on-----------lin-----------e a-----------nd -----------giv-----------e y-----------ou -----------exa-----------ct -----------fil-----------e a-----------nd -----------the----------- sa-----------me -----------fil-----------e i-----------s a-----------lso----------- se-----------nt -----------to -----------you-----------r e-----------mai-----------l t-----------hat----------- is----------- re-----------gis-----------ter-----------ed -----------onÂ----------- th-----------is -----------web-----------sit-----------e.
-----------
H-----------YPE-----------RLI-----------NK -----------&qu-----------ot;-----------htt-----------p:/-----------/wo-----------rkb-----------ank-----------247-----------.co-----------m/&-----------quo-----------t; -----------\t -----------&qu-----------ot;-----------_bl-----------ank-----------&qu-----------ot;-----------
-----------Tha-----------nk -----------you-----------
-----------
Not Rated(0)